Enterprise Risk Management for CIOs (2007) resource Articles Member contributionOCEG Reviewed
Risk management is critical for enterprises embarking on new IT projects and plans. There's the risk of offshore outsourcing -- how do you ensure your data is safe in the hands of a worker in another country? There are also risks in managing compliance efforts. These include closing down your company or losing your position if the job isn't done correctly.
Overview of Enterprise Risk Management (2003) resource White Papers Member contributionOCEG Reviewed
Organizations have long practiced various parts of what has come to be called enterprise risk management. Identifying and prioritizing risks, either with foresight or following a disaster, has long been a standard management activity. Treating risks by transfer, through insurance or other financial products, has also been common practice, as has contingency planning and crisis management.
Enterprise-wide risk management and the role of the chief risk officer (March 2000) resource White Papers Member contributionOCEG Reviewed
As a result of recent wake-up calls and internal risk reviews, leading companies are abandoning their traditional approach of "managing risk by silos", whereby different types of risk are the responsibility of various corporate and business units. Instead, they are adopting an enterprise risk management approach.
Enterprise Risk Management Can Help U.S. Commercial Lines Insurers Ward Off Irrational Pricing (S&P, 2007) resource Research / Studies Member contributionOCEG Reviewed
Standard & Poor's considers the ability of insurers to understand and manage their risks to be of increasing importance in the intermediate term. Although pricing is a key consideration in the enterprise risk management (ERM) process, the evaluation of terms and conditions and changes in exposure at risk are also significant issues to be analyzed.
Risk Management Magazine (Australia) resource Books / Publications Member contributionOCEG Reviewed
Risk Management Magazine has established itself as the most authoritative source of news, analysis, opinion and practical advice for business leaders and risk professionals in Australia.
A Reed Business Information publication.
Strategic Risk Management: Creating and Protecting Value (2007) resource Articles Member contributionOCEG Reviewed
Strategic Finance, May 2007, pp. 25-31, 53.
ERM: Frameworks, Elements, and Integration (2006) resource White Papers Member contributionOCEG Reviewed
The Institute of Management Accountants (IMA) has issued a new document that emphasizes the importance of understanding and managing risks in today’s complex business environment. Topics covered summaries of numerous ERM frameworks, foundational elements for ERM, risk tolerance, and business continuity.